Since all your data fits on a single disk, the cost of backup is basically the cost of a single USB hard drive. And for some data possibly the cost of DVD-R or BD-R media.
I recommend that people put a value in real money on the different data they have. How much money do you want to receive to intentionally destroy the contents of a specific directory of data? How much money do you want to intentionally destroy all digital copies of your photos? Do that for you data, and enter the data in a spreadsheet. That should give you an indication of how much money you should be willing to spend on safe storage. If you are fine with overwriting all data if I pay you $100-$200, then it's obvious that you don't need a backup - you don't see any real value in the data.
If you don't assign an actual monetary value on your data, then you will never be able to make a good decision of if you should spend $100 on a backup strategy or on some event on the next vacation or partial payment for a new TV. It isn't possible to compare apples and oranges - and since a backup costs $$$ you need to also put $$$ value on the data and $$$ value on the time it would take to recreate the data (if at all possible).